Located in one of Chico’s most prestigious and sought-after neighborhoods, this Cape Cod–style estate presents an exceptional opportunity for investors, flippers, or anyone eager to earn sweat equity and reimagine a custom home of their own. Spanning over 3,100 sq. ft. on 1.2 acres, this property is brimming with potential and priced to reflect its current condition making it a rare chance to create lasting value in a neighborhood known for its charm, community spirit, and annual holiday traditions. The home features 4 bedrooms plus an art studio or potential 5th bedroom with a separate entrance, along with 2.5 baths and a versatile layout that has evolved beautifully over the years. The original walls between the living and formal dining rooms were opened and accented with graceful pillars, creating an airy, open-concept flow ideal for gatherings. A spacious family room was added for casual comfort, while the upstairs art studio offers balcony views of the expansive grounds. At the heart of the home is a generous kitchen with a large island, double ovens, granite countertops, and abundant cabinetry ready to be refreshed or reimagined to suit modern tastes. Hardwood and tile flooring, recessed lighting, and elegant wainscoting add to the home’s classic appeal. The primary suite includes a cozy fireplace and a large sitting area, offering great bones for a future luxury retreat. Outdoors, you’ll find a beautifully landscaped backyard with an in-ground pool, poolside gazebo, and covered patio ideal for entertaining or relaxing. A pool pump house with a changing room and storage, plus an updated pool pump, adds convenience. The back portion of the property, once home to horses, now serves as a garden and play area, while the converted 24x34 shop provides ample room for projects, hobbies, or storage. Additional highlights include owned solar for energy efficiency and the unmatched opportunity to own a property in one of Chico’s most cherished neighborhoods where tradition, community, and creativity thrive. Whether you’re looking for your next investment or the perfect canvas to build your dream home, this property is ready for your vision.
Sold for $790,000
Listed by: eXp Realty of California, Inc. • Brittney Allison • Contact: 888-584-9427
Bought with: eXp Realty of California, Inc.
$790,000
34 Covey Ct, Chico, CA 95973
4beds
3,127sqft
Single Family Residence
Built in 1982
1.2 Acres Lot
$767,900 Zestimate®
$253/sqft
$3,911 Estimated rent
Home value
$767,900
$683,000 - $860,000
$3,911/mo
Zestimate® history
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List your homeWhat's special
Poolside gazeboSparkling in-ground poolCozy fireplaceBeautifully landscaped backyardTranquil water featureGarden and play spacePrivate art studio
Zillow last checked:
Listing updated:
Listed by:
Brittney Allison DRE #02104248 Brittney@AllisonResidential.com,
eXp Realty of California, Inc.,
Nick Allison DRE #02105385,
eXp Realty of California, Inc.
Bought with:
Tierra Hodge, DRE #02029984
eXp Realty of California, Inc.
Source: CRMLS,MLS#: SN25225074
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Art Studio, Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bedroom, Workshop, Dining Room
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathroom Exhaust Fan, Dual Sinks, Granite Counters, Linen Closet, Walk-In Shower
Kitchen
- Features: Granite Counters, Kitchen Island, Remodeled, Updated Kitchen
Heating
- Central, Fireplace(s), Propane, Pellet Stove, Zoned
Cooling
- Central Air, Whole House Fan, Wall/Window Unit(s), Zoned
Appliances
- Included: Built-In Range, Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Microwave, Water Softener, Water Heater
- Laundry: Laundry Room
Features
- Balcony, Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Paneling/Wainscoting, All Bedrooms Up, Primary Suite, Workshop
- Windows: Double Pane Windows, Tinted Windows
- Has fireplace: Yes
- Fireplace features: Den, Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,127 sqft
Property
Parking
- Total spaces: 4
- Parking features: Boat, Door-Multi, Driveway, Garage, RV Gated, Garage Faces Side
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Covered
- Has private pool: Yes
- Pool features: Gunite, In Ground, Private, Waterfall
- Has spa: Yes
- Spa features: Above Ground, In Ground
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 1.2 Acres
- Features: Back Yard, Cul-De-Sac, Horse Property, Landscaped
Details
- Additional structures: Gazebo, Outbuilding, Shed(s), Workshop
- Parcel number: 047500033000
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Electric: 220 Volts in Laundry, Photovoltaics on Grid, 220 Volts For Spa, Photovoltaics Seller Owned, 220 Volts in Workshop
- Sewer: Septic Type Unknown
- Water: Well
- Utilities for property: Electricity Connected, Propane
Green energy
- Energy efficient items: Appliances
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Chico
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $825,000
- Annual tax amount: $9,679
- Date on market: 10/9/2025
- Cumulative days on market: 30 days
- Listing terms: Cash to New Loan
- Inclusions: Select Holiday Decorations, Spa, Trampoline, Playhouse, 2x Sheds
- Exclusions: W/D & Refrigerator
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Sold | $790,000-1.1%$253/sqft |
Source:  CRMLS #SN25225074 Report a problem | ||
| 11/10/2025 | Pending sale | $799,000$256/sqft |
Source: CRMLS #SN25225074 Report a problem | ||
| 10/27/2025 | Price change | $799,000-2.6%$256/sqft |
Source: CRMLS #SN25225074 Report a problem | ||
| 10/9/2025 | Listed for sale | $820,000+21.5%$262/sqft |
Source: CRMLS #SN25225074 Report a problem | ||
| 9/29/2006 | Sold | $675,000+70.9%$216/sqft |
Source: Public Record Report a problem | ||
| 6/28/2002 | Sold | $395,000$126/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,679 +4.3% | $825,000 |
| 2024 | $9,282 -0.8% | $825,000 |
| 2023 | $9,353 +10.1% | $825,000 +10.7% |
| 2022 | $8,494 +0.6% | $745,000 +0.7% |
| 2021 | $8,444 +19% | $740,000 +20.3% |
| 2020 | $7,099 +2.1% | $615,000 +0.8% |
| 2019 | $6,953 +7.7% | $610,000 +8% |
| 2018 | $6,454 +2.8% | $565,000 +2.7% |
| 2017 | $6,279 +12.4% | $550,000 +4.8% |
| 2016 | $5,588 +6% | $525,000 +1.9% |
| 2015 | $5,272 | $515,000 +5.1% |
| 2014 | $5,272 | $490,000 +6.5% |
| 2013 | -- | $460,000 |
| 2012 | -- | $460,000 |
| 2011 | -- | $460,000 -18.6% |
| 2010 | -- | $565,000 |
| 2009 | -- | $565,000 -17.9% |
| 2008 | -- | $688,500 +2% |
| 2007 | -- | $675,000 +42.6% |
| 2006 | -- | $473,471 +2% |
| 2005 | -- | $464,188 +5.9% |
| 2004 | -- | $438,421 +3.7% |
| 2003 | -- | $422,900 +46.7% |
| 2002 | -- | $288,353 +2% |
| 2001 | -- | $282,700 |
Find assessor info on the county website
Neighborhood: 95973
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Nearby schools
GreatSchools rating
- 6/10Shasta Elementary SchoolGrades: K-5Distance: 3.1 mi
- 6/10Bidwell Junior High SchoolGrades: 6-8Distance: 5.8 mi
- 7/10Pleasant Valley High SchoolGrades: 9-12Distance: 6.5 mi
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- California
- Butte County
- Chico
- 95973
- 34 Covey Ct
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